Thinking about buying in Norwood? Now could not be a better time, with 6133 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,153,000 with prices in this suburb ranging from $216,000 to $4,616,000. The aproximate distance to the coast is 11 Km.

Norwood Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Norwood ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Norwood classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Norwood necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Norwood

	18 MONTROSE AV, NORWOOD, SA, 5067				Contact Agent
	UNIT 1, 9 CLEVE ST, NORWOOD, SA, 5067	2	1	2	Best Offer By Monday 18th November @ 5pm (U.S.P.)
	2-4 AUSTRAL PL, NORWOOD, SA, 5067	5	3	2	$1.850M - $1.995M
	26 FISHER ST, NORWOOD, SA, 5067	3	1	2	2000000
	UNIT 4, 4 NORTH ST, NORWOOD, SA, 5067	2	1	1	650000
	104A OSMOND TCE, NORWOOD, SA, 5067	2	2	2	1890000
	UNIT 3, 305 PORTRUSH RD, NORWOOD, SA, 5067	2	1	2	630000

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General Points of Interest

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